Plaza Retail REIT (PLZ.UN) Rating Reiterated by BMO Capital Markets

Plaza Retail REIT (TSE:PLZ.UN)‘s stock had its “market perform” rating reaffirmed by investment analysts at BMO Capital Markets in a research report issued on Monday. They presently have a C$4.50 price objective on the stock. BMO Capital Markets’ price objective suggests a potential upside of 9.49% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. Canaccord Genuity reiterated a “neutral” rating and set a C$4.00 price target on shares of Plaza Retail REIT in a report on Sunday, January 6th. CIBC cut their price target on shares of Plaza Retail REIT from C$4.75 to C$4.50 and set a “hold” rating on the stock in a report on Friday, November 16th.

Shares of PLZ.UN stock opened at C$4.11 on Monday. Plaza Retail REIT has a 52 week low of C$3.88 and a 52 week high of C$5.03.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at September 30, 2018 includes interests in 285 properties totaling approximately 8.0 million square feet across Canada and additional lands held for development.

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